Only 47% of Americans are losing sleep over money despite pandemic: Study

For the 47 percent who are worried about money issues currently, 23 percent said their cause of stress revolved around everyday expenses, which Bankrate noted was down from the 32 percent who said the same last year.

McDonald’s plans to hire 260,000 workers this summer

The roles are part of the company’s seasonal hiring effort, with both full- and part-time opportunities.

1.5 million more laid-off workers seek unemployment benefits

About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.

Dunkin’ to hire 25,000 employees

With millions of Americans unemployed, Dunkin is aiming to hire thousands of workers as restaurants across the country reopen after coronavirus-related closures.

BP to cut 10,000 jobs worldwide amid COVID-19 pandemic

Chief Executive Bernard Looney said that the cuts will affect office-based roles in BP’s global workforce of 70,000 people and come mostly this year.

Despite global reopening push, some jobs are gone for good

Factories and stores are reopening, economies are reawakening – but many jobs just aren’t coming back.

US unemployment drops unexpectedly to 13.3% amid outbreak

The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers.

1.9 million seek jobless aid even as reopenings slow layoffs

Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of layoffs.

Amazon says most of its pandemic hires can remain as full-time employees

Amazon will convert 125,000 of the 175,000 temporary roles hired since March to permanent jobs if employees would like to stay at Amazon long term.

41 million have lost jobs since virus hit, but layoffs slow

About 41 million people have now applied for aid since the virus outbreak intensified in March, though not all of them are still unemployed.

Nearly 39 million have sought US jobless aid since virus hit

Roughly 38.6 million people have now filed for jobless aid since the coronavirus forced millions of businesses to close their doors and shrink their workforces, the Labor Department said Thursday.

Office Depot closing stores, laying off 13,000 workers

Office Depot announced a restructuring plan that includes closing stores and laying off about 13,100 employees by 2023.

JCPenney files for bankruptcy as coronavirus pushes retailer over edge

Retailer JCPenney filed for Chapter 11 bankruptcy protection after the coronavirus pandemic forced stores to shut, the company announced Friday evening, joining J. Crew and Neiman Marcus.

US retail sales plunged 16% in April as virus froze economy

U.S. retail sales tumbled 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened stores across the country and weighed down a sinking economy.

Coronavirus may prompt Potbelly to close 100 stores

While some fast-food chains have seen success under pandemic conditions, the Potbelly Sandwich Shop is considering a permanent closure of up to 100 company-owned stores as sales dropped by nearly 70 percent in March.

Some say they're making more money being on unemployment than working

As restaurants and other businesses reopen in Arizona, they will be calling furloughed and laid off workers back as the state begins to recover from the coronavirus pandemic.

63-page CDC document shelved by White House offered detailed reopening guidance

Advice from the nation’s top disease control experts on how to safely reopen businesses and institutions in the midst of the coronavirus pandemic included detailed instructive guidance and some more restrictive measures than the plan released by the White House last month.

Emotional testimony heard on Maryland Unemployment site issues

There were some very emotional testimonies shared from those participating in a virtual joint Maryland committee hearing held on Tuesday to review some of the serious and continuing issues Marylanders are still having with the Maryland Department of Labor’s new unemployment web portal. 

Fauci warns of 'suffering and death' if US reopens too soon

Dr. Anthony Fauci, the top U.S. infectious disease expert, is warning Congress that if the country reopens too soon during the coronavirus pandemic, it will bring “needless suffering and death.”